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Sources of failure in construction industry (organisational failure (fraud…
Sources of failure in construction industry
organisational failure
fraud
insufficient funds/capital
over-expansion
poor working habits/ethics
lack of managerial experience
lack of commitment
lack of management knowledge
business conflicts
poor planning
poor overall performance
failure in design stage
ineffective coordination b/w the design team
improper design documentation
misreading the drawings & specifications
client/owner/engineer user issues
inaccuracy in drawings
poor design details
human errors
ignorance & negligence
attempting frauds
miscommunication
conflicts between individuals
lack of technical experience
unreliable workers
failure in the construction phase
unnecessary client interference
slow speed of decision making
delay in providing finances
low capability to manage large projects
poor coordination among the parties involved
delay in the raw material supplies
improper finishing
inability to reach the clients expectations